Magnum Mining and Exploration Limited
Magnum Mining and Exploration Limited engages in the exploration and evaluation of mineral properties in Australia and the United States. The company's flagship project includes the Buena Vista magnetite iron ore project located in Nevada, United States. Magnum Mining and Exploration Limited was incorporated in 1986 and is based in Melbourne, Australia.
Magnum Mining and Exploration Limited (MGUFF) - Net Assets
Latest net assets as of December 2024: $9.84 Million USD
Based on the latest financial reports, Magnum Mining and Exploration Limited (MGUFF) has net assets worth $9.84 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.75 Million) and total liabilities ($910.00K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.84 Million |
| % of Total Assets | 91.53% |
| Annual Growth Rate | 44.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 142.23 |
Magnum Mining and Exploration Limited - Net Assets Trend (2020–2024)
This chart illustrates how Magnum Mining and Exploration Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Magnum Mining and Exploration Limited (2020–2024)
The table below shows the annual net assets of Magnum Mining and Exploration Limited from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $9.84 Million | -15.77% |
| 2023-12-31 | $11.68 Million | +3.20% |
| 2022-12-31 | $11.32 Million | +15.74% |
| 2021-12-31 | $9.78 Million | +328.50% |
| 2020-12-31 | $2.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Magnum Mining and Exploration Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1626462100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $48.97 Million | 497.72% |
| Total Equity | $9.84 Million | 100.00% |
Magnum Mining and Exploration Limited Competitors by Market Cap
The table below lists competitors of Magnum Mining and Exploration Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Colorpak Indonesia Tbk
JK:CLPI
|
$8.33 Million |
|
Hil Industries Bhd
KLSE:8443
|
$8.33 Million |
|
TMT Motor JSC
VN:TMT
|
$8.33 Million |
|
Winland Holdings Corporation
PINK:WELX
|
$8.33 Million |
|
pferdewetten.de AG
XETRA:EMH
|
$8.32 Million |
|
MIRRIAD ADVERT. LS-00001
F:8WQ
|
$8.31 Million |
|
Panca Global Securities Tbk
JK:PEGE
|
$8.31 Million |
|
Aker Carbon Capture ASA
PINK:AKCCF
|
$8.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Magnum Mining and Exploration Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,682,019 to 9,839,780, a change of -1,842,239 (-15.8%).
- Net loss of 1,980,262 reduced equity.
- Other factors increased equity by 138,023.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.98 Million | -20.13% |
| Other Changes | $138.02K | +1.4% |
| Total Change | $- | -15.77% |
Book Value vs Market Value Analysis
This analysis compares Magnum Mining and Exploration Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.96x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.01 | $0.01 | x |
| 2021-12-31 | $0.01 | $0.01 | x |
| 2022-12-31 | $0.02 | $0.01 | x |
| 2023-12-31 | $0.01 | $0.01 | x |
| 2024-12-31 | $0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Magnum Mining and Exploration Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -20.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1732.88%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.09x
- Recent ROE (-20.13%) is above the historical average (-39.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -26.88% | 0.00% | 0.00x | 0.99x | $-985.95K |
| 2021 | -80.32% | 0.00% | 0.00x | 1.01x | $-9.27 Million |
| 2022 | -43.24% | -14547.63% | 0.00x | 1.11x | $-6.03 Million |
| 2023 | -28.32% | -57234.15% | 0.00x | 1.07x | $-4.48 Million |
| 2024 | -20.13% | -1732.88% | 0.01x | 1.09x | $-2.96 Million |
Industry Comparison
This section compares Magnum Mining and Exploration Limited's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Magnum Mining and Exploration Limited (MGUFF) | $9.84 Million | -26.88% | 0.09x | $8.32 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |